PANews reported on June 12 that according to GlobeNewswire, Trident (NASDAQ: TDTH) announced plans to raise up to $500 million to build one of the world's first large-scale corporate XRP vaults and appointed Chaince Securities as a strategic advisor. The plan includes long-term holding of XRP, deployment of staking mechanisms and in-depth participation in the Ripple ecosystem to strengthen its decentralized financial strategic layout.